Suite number:
E1 - Penthouse
Project:
Address:
Vancouver, British Columbia
Developer:
Forme Development
Property type:
condo
Bathrooms:
2.5
Bedrooms:
3.5
Size:
2625 sqft
Occupancy Date:
Mar 2025
Status
This property is sold
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.37%
Cumulative Return on Investment in Year 5
97.14%
Property Price at the End of Year 5
$3,994,000
Deposit Schedule
$20 at Signing
Net Gain (Loss)
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Property Price Appreciation
Investment Details (10-Year Period)
Income/Return
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| property price appreciation | $161,000 | $170,000 | $178,000 | $188,000 | $197,000 | $208,000 | $218,000 | $230,000 | $242,000 | $254,000 | $2,046,000 |
| rent income | $53,000 | $81,000 | $85,000 | $89,000 | $92,000 | $96,000 | $101,000 | $105,000 | $109,000 | $114,000 | $926,000 |
| mortgage principal reduction | $26,000 | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $52,000 | $54,000 | $56,000 | $59,000 | $473,000 |
| deposit interest | $10,000 | - | - | - | - | - | - | - | - | - | $10,000 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $255,000 | $292,000 | $306,000 | $321,000 | $337,000 | $353,000 | $371,000 | $389,000 | $408,000 | $427,000 | $3,460,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $620,000 | - | - | - | - | - | - | - | - | - | $620,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $93,000 | - | - | - | - | - | - | - | - | - | $93,000 |
| operating expense | $19,000 | $29,000 | $30,000 | $31,000 | $32,000 | $33,000 | $34,000 | $36,000 | $37,000 | $38,000 | $321,000 |
| mortgage payment | $101,000 | $151,000 | $151,000 | $151,000 | $151,000 | $151,000 | $151,000 | $151,000 | $151,000 | $151,000 | $1,458,000 |
| total expense investment | $833,000 | $180,000 | $181,000 | $182,000 | $183,000 | $184,000 | $185,000 | $186,000 | $188,000 | $189,000 | $2,491,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$577,914 | $112,000 | $125,000 | $139,000 | $154,000 | $169,000 | $185,000 | $202,000 | $220,000 | $239,000 | $968,000 |
| cumulative roi | $26 | $48 | $66 | $82 | $97 | $111 | $124 | $137 | $150 | $163 | $1,000 |
SOTO on W28
Address: Vancouver, British Columbia
Price Range: $1,250,000 - $3,325,000
Avail. suites: 8
2—4 bd
1045—2787 SqFt